Emergence of Covid-19 to Offer Lucrative Growth Opportunities for Players in Clinical Laboratory Services Market

Clinical laboratory services play a vital role in the ongoing care and treatment of patients. With advances in scientific research and other factors like economy and priorities, the scope of clinical laboratory services has grown. This service provides for the management and care of samples and related materials from diagnosis to treatment. This is an area of science that ensures that results are applicable to real-life situations and can be easily transferred to other medical fields for further study. Market Dynamics High prevalence of chronic diseases is expected to propel the growth of the clinical laboratory services market . For instance, according to the study, “Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition”, published in the journal Diabetes Research and Clinical Practice, in September 2019, 463 million people are expected to suffer from diabe...